Comments: In March, John F. Owen joined the company as chief financial officer. He was most recently CFO at Beam Suntory, a beverage business acquired by Suntory Holdings Limited in 2014. Prior to this role, he served as senior vice president, chief supply chain officer for more than two years. Before joining Beam Suntory, Owen spent the majority of his career at Avon Products Inc., where he served in a variety of US and overseas roles, including CFO of North America, group VP-global finance, and president, EMEA regions.

A year ago, PDC Brands was sold for more than $1.4 billion by Boston private equity firm Yellow Wood Partners to CVC Capital Partners.

With the backing of private-equity, first Yellow Wood and now, CVC, the company generates 25% of sales outside the US in 60 countries. In an interview earlier this year with the Stamford Advocate, CEO James Stammer said the company will continue to pursue accretive acquisitions if they are No. 1 or No. 2 in their category.